Welcome to our dedicated page for American Software news (Ticker: AMSWA), a resource for investors and traders seeking the latest updates and insights on American Software stock.
Overview
American Software, Inc. (AMSWA) is an experienced provider of demand-driven supply chain management, enterprise resource planning, and IT consulting solutions. Headquartered in Atlanta with several decades of experience in the software industry, the company develops, markets, and supports a diverse portfolio of enterprise management and collaborative supply chain solutions that cater to global enterprises. Its robust offerings and deep industry insights empower businesses to optimize operations over multiple network architectures including intranets, extranets, client/server environments, and the internet.
Business Segments and Product Portfolio
American Software, Inc. organizes its software solutions and related services into three principal business segments:
- Supply Chain Management (SCM): This segment delivers tools for comprehensive supply chain visibility and analytics, enabling companies to optimize procurement, production, and distribution operations in a demand-driven marketplace.
- Enterprise Resource Planning (ERP): The ERP segment focuses on integrating key business processes across an organization, ensuring seamless coordination among various departments and streamlined operational workflows.
- Information Technology (IT) Consulting: This service-oriented segment leverages technical expertise to assist organizations in implementing and integrating technology solutions that align with their strategic business objectives.
The company’s product and service groups are designed to address a wide range of enterprise needs by combining software innovation with dedicated client support, ensuring that firms can meet operational challenges regardless of market conditions.
Industry Position and Competitive Landscape
With over 40 years of industry experience, American Software, Inc. has established itself as a knowledgeable and credible player in the software solutions arena. The company operates at the intersection of technology and business operations, providing solutions that are critical for companies looking to stay competitive in a rapidly evolving global market. Its balanced approach to product development and consulting services allows it to serve industries with complex operational demands and stringent efficiency requirements. Rather than relying solely on market trends, the company leverages its longstanding expertise to offer adaptable solutions that work effectively across various economic cycles.
Technology, Innovation, and Operational Expertise
The firm’s technological foundation is built on integrating advanced software systems with practical business insights. Innovation is a core characteristic, where the company continuously refines its offerings to address emerging operational challenges and optimize enterprise performance. Whether through custom-tailored software solutions or strategic IT consulting, American Software, Inc. demonstrates a commitment to creating sustainable value by aligning modern technology with established business practices.
Global Reach and Market Impact
American Software, Inc. serves a diverse set of industries worldwide, emphasizing its capability to support multinational corporations as well as regional players facing global competition. The company’s solutions are designed to support a broad spectrum of operational environments, making it a versatile choice for enterprises looking to enhance responsiveness and agility in today’s interconnected market. Through its reliable software and consulting services, American Software helps organizations streamline internal processes, strengthen supply chain collaborations, and ensure operational continuity.
Expertise and Authoritativeness in the Software Industry
Drawing on extensive industry experience, American Software, Inc. builds trust through demonstrated expertise in enterprise and supply chain software solutions. The company’s detailed understanding of industry-specific challenges is evident in its commitment to developing solutions that are not only technically advanced but also user-centric. By aligning its offerings with the specific needs of businesses, it has carved out a niche by focusing on operational efficiency and long-term value creation rather than short-term market fluctuations.
Operational Excellence and Strategic Vision
American Software, Inc. has consistently focused on delivering comprehensive support for its clients through a combination of robust software systems and customizable consulting services. The incorporation of advanced enterprise management tools with a strategic, process-driven approach allows companies to attain higher operational efficiencies and maintain competitive advantages in their respective markets. This emphasis on operational excellence and process integration forms the cornerstone of the company’s business philosophy.
Conclusion
In summary, American Software, Inc. epitomizes a blend of historical industry insight and modern technological prowess. The company’s extensive experience, combined with its commitment to delivering tailored, demand-driven solutions, positions it as a reliable partner for businesses seeking to enhance their operational capabilities. By offering a detailed and comprehensive suite of products and consulting services, American Software serves as a pivotal resource for enterprises looking to navigate complex market terrains with confidence and precision.
American Software, Inc., a leader in AI-first supply chain planning software, is changing its name to Logility Supply Chain Solutions, Inc. (Logility) to align with its globally recognized brand. On October 2, the company's NASDAQ ticker symbol will change from AMSWA to LGTY. Shareholders approved a reclassification of the dual-class share structure to a single Class A common stock on August 20, 2024, aiming to attract a wider range of investors.
This strategic shift follows the divestiture of non-core assets and recent acquisitions of AI-powered demand forecasting and network optimization capabilities. Logility, now a SaaS leader in supply chain planning and management solutions, is focusing on its core competencies and advancing an AI-first strategy to transform the industry. The company aims to help customers navigate complex global challenges with unprecedented accuracy and efficiency.
Logility announced that Sinziana Manitiu Wållgren, Director of Operational Excellence and Strategy at Husqvarna, has been named a recipient of the Rising Star category in the Supply & Demand Chain Executive's 2024 Women in Supply Chain Award. This award recognizes young professionals whose achievements have shaped the supply chain industry.
Wållgren, at 38, has worked in five countries, assuming leadership roles in various companies. She has navigated organizational restructurings, built teams, and thrived during challenging periods in supply chain history. Her goals align with Husqvarna's growth objectives, focusing on implementing supply chain strategy, digitalization, sustainability, and collaboration across industries.
The award highlights the importance of diversity in the supply chain industry, with Wållgren advocating for more women, expats, and diverse capabilities in the profession.
American Software (NASDAQ: AMSWA) reported Q1 FY2025 results with subscription fee growth of 7% and an adjusted EBITDA margin of 18%. Total revenues increased 1% to $26.2 million, with recurring revenue streams accounting for 84% of total revenues. The company maintained its FY2025 guidance, expecting total revenues of $104.0-$108.0 million and adjusted EBITDA of $15.0-$16.4 million.
Key highlights include:
- Subscription fees rose to $14.8 million
- Operating earnings increased 32% to $1.8 million
- GAAP net earnings from continuing operations were $2.1 million or $0.06 per diluted share
- Adjusted EBITDA from continuing operations increased 26% to $4.6 million
- Cash and investments stood at approximately $92.0 million
The company also launched new generative AI capabilities and was recognized as a Leader in Gartner's Magic Quadrant for Supply Chain Planning Solutions.
American Software (NASDAQ: AMSWA) has announced a quarterly dividend of $0.11 per share, as approved by its Board of Directors. This dividend will be paid to Class A Shareholders who are on record at the close of business on November 15, 2024. The payment is scheduled to be distributed on or around November 29, 2024. This announcement demonstrates the company's commitment to providing regular returns to its shareholders, which may be viewed positively by investors looking for income-generating stocks in the software sector.
American Software (NASDAQ: AMSWA) has announced the upcoming release of its First Quarter Fiscal Year 2025 preliminary financial results. The company, which operates through its entity Logility, will disclose these results after U.S. financial markets close on Thursday, August 22, 2024. Following the release, American Software will host a conference call at 5:00 pm ET to discuss the results with the investment community.
Investors and interested parties can access a live webcast and replay of the earnings call through the company's investor relations page at www.amsoftware.com/investor-relations. This announcement highlights American Software's commitment to transparency and shareholder communication, providing an opportunity for stakeholders to gain insights into the company's financial performance and future outlook.
Logility, a leader in AI-driven supply chain planning software, announced a partnership with Worldly, a sustainability insights platform, to enhance supply chain transparency and sustainability. The collaboration aims to provide comprehensive ESG data to over 40,000 brands, retailers, and manufacturers. This data will help manage over 3,500 tier one suppliers and over 10,000 lower-tier suppliers globally. The integration allows clients to map critical ESG attributes, ensure due diligence, and meet regulatory requirements. This will enable over 100 clients in the Apparel and Soft Goods industry to better manage their supply chains.
American Software (NASDAQ: AMSWA), a leading provider of AI-driven supply chain planning software, announced its participation in the Sidoti Small Cap Conference. CEO Allan Dow and CFO Vincent Klinges will present virtually on June 12, 2024, at 10:45 am ET. The presentation will be webcast live and archived on the company's website for a time.
American Software (NASDAQ: AMSWA) reported its fiscal year 2024 and Q4 financial results, highlighting an 8% and 10% growth in subscription fees for Q4 and the fiscal year, respectively. The company divested non-core assets and launched new AI-first supply chain solutions. However, total Q4 revenues decreased by 5% to $25.4 million due to declines in license, services, and maintenance fees. Fiscal year 2024 total revenues also fell by 5% to $102.5 million. Adjusted EBITDA for Q4 and fiscal year 2024 dropped by 28% and 18%, respectively. Despite these declines, adjusted net earnings rose by 15% to $17 million. The company projects total revenues of $104-$108 million for fiscal year 2025, with recurring revenues of $87-$89 million. Key clients and technological advancements were also highlighted.
American Software's Board of Directors has declared a quarterly cash dividend of $0.11 per share. The dividend will be payable to shareholders of record as of August 16, 2024, and is scheduled to be disbursed around August 30, 2024. This announcement is reflective of the company's ongoing commitment to delivering shareholder value.
American Software (NASDAQ: AMSWA), a leader in AI-powered supply chain planning software, announced its participation in the 24th Annual B. Riley Securities Institutional Investor Conference.
CEO Allan Dow and CFO Vincent Klinges will attend the event scheduled for May 23, 2024.
The format includes a fireside chat and one-on-one meetings, with Dow participating in the 'AI in Tech and FinTech Space' panel.
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